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Xerox to cut 15% of its workforce

Signage is displayed outside the Xerox headquarters in Norwalk, Connecticut.Michael Nagle | Bloomberg | Getty ImagesXerox on Wednesday announced it will cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model.Xerox, which offers digital printing and document management technologies, had about 20,500 employees as of Dec. 31, 2022, according to a filing with the U.S. Securities and Exchange Commission. Based on this figure, Wednesday's layoffs wil...

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